Piramal Phytocare Share Price Gained 9% Intraday

Piramal Phytocare Limited is division of the Piramal Group. The Piramal Group consistently pursues inclusive growth while sticking to ethical and value driven practices. The company is occupied in developing and marketing standardized healthcare solutions extracted from natural sources such as plants. Piramal Phytocare offers proprietary medicinal products that are prepared from standardized herbal extracts. The inherent benefits of herbal product include greater effectiveness, little or no side effects and availablity at affordable prices. Currently, the company is engaged in the global marketing of finished pharmaceutical dosage forms, wherein the active ingredients are derived from natural sources.

On the back of its fantastic work in the field of medicine, Piramal Phytocare share price gained approximately 9 per cent to trade at the intraday high of Rs. 97.95 on NSE.

The Pharma Sector major has the market cap of Rs. 234.03 crores as on 15^th December 2016. The stock has the beta of 1.60 and is around its 50 DMA. The company’s management includes Rajesh Laddha (Director), Vandana Sonavaria (Additional Director) and Maneesh Sharma (Company Secretary) among others.  The company has reported the sales of Rs. 1.16 crores and a net profit of Rs. 0.05 crores for the quarter ended September 2016.

At 2:01 PM, Piramal Phytocare share price was trading at Rs. 94.50, up by 4.83 per cent while Nifty share price was trading at 8195.30 levels with the gain of 0.16 per cent. So far, 72 thousand shares on the NSE as compared to its twenty day trading average of 39 thousand shares. The highest deliverable quantity of over 87 thousand shares and the highest traded quantity of over 2 lakh shares in thirty days had been at the low of Rs. 97.30 on 29^th November 2016.

Piramal Phytocare is the top 500 performing stock sue to its strong fundamentals and is identified so by Dynamic Levels for the quarter. For the details on the stock, take a sneak peek at Piramal Phytocare share price history page of Dynamic Levels website.